Netflix Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Goldman Sachs Group Inc

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The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services across investment banking, securities, investment management and consumer banking to a diversified client base that includes corporations, financial institutions, governments and individuals. The Company segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment includes financing, advisory services, risk distribution, and hedging for its institutional and corporate clients, including Fixed Income, Currency and Commodities (FICC) and Equities, Investment Banking and Marquee. The Asset & Wealth Management segment includes advice, investing, and execution for institutions and individuals across public and private markets. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.

Netflix Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

4:32 pm ET January 13, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Netflix Inc. (NFLX) inched 0.81% higher to $332.82 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's second consecutive day of gains. Netflix Inc. closed $205.55 below its 52-week high ($538.37), which the company reached on January 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. (AAPL) rose 1.01% to $134.76, Walt Disney Co. (DIS) fell 0.41% to $99.40, and Comcast Corp. Cl A (CMCSA) rose 0.62% to $38.93. Trading volume (8.2 M) remained 802,403 below its 50-day average volume of 9.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.

(END) Dow Jones Newswires

January 13, 2023 16:32 ET (21:32 GMT)